IBM introduces new crypto cold storage technology

IBM introduces new crypto cold storage technology

IBM has announced a new cryptographic cold storage technology called IBM Hyper Protect Offline Signing Orchestrator (OSO).

This technology improves the security of digital asset transactions in cold storage, minimizing the risks typically associated with manual handling of these assets while maintaining their separation from online environments.

OSO technology is the result of IBM’s collaboration with Metaco, a leading digital asset custody provider and IBM business partner. Metaco’s Harmonize platform, recognized for its robust and secure digital asset orchestration system, will integrate the OSO solution.

This technology unites two critical components of Metaco Harmonize, which operate within separate Hyper Protect Virtual Server environments. One component, Harmonize Core, processes signing requests from external sources, while the other, Harmonize Cold Vault, remains isolated, ensuring enhanced security.

Metaco Founder and CEO Adrien Treccani emphasized the company’s commitment to offering top-notch digital asset security solutions to its clientele, which includes prominent custodians and global banks. Treccani also highlighted growing regulatory demands in markets such as Singapore, Hong Kong and Japan, which are increasingly demanding robust cold storage solutions.

The integration of OSO with Metaco Harmonize marks an important step forward in transaction security. The new system offers a sophisticated alternative to cold storage technologies with physical air gaps.

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